Costa-Font, Joan ORCID: 0000-0001-7174-7919 (2011) Regional and institutional heterogeneity matters!: revisiting trade effects of the euro. Intereconomics, 46 (3). pp. 161-168. ISSN 0020-5346
Full text not available from this repository.Abstract
The creation of a single currency is deemed to produce further heterogeneity in regional trade, as regions differ in their exposure to trade with other European countries. It is possible to disentangle two separate effects on bilateral trade, namely the “exchange rate volatility effect” (from exchange rate fi xing in 1999) and the pure “common currency effect” (resulting from the issuing of a new currency in 2002). This paper presents an empirical analysis that shows evidence of a regional concentration of currency union effects in a few Spanish regions.
Item Type: | Article |
---|---|
Official URL: | http://www.springerlink.com/content/0020-5346/ |
Additional Information: | © 2011 Springer-Verlag |
Divisions: | European Institute Social Policy LSE Health Health Policy |
Subjects: | D History General and Old World > DP Spain H Social Sciences > HC Economic History and Conditions |
JEL classification: | F - International Economics > F1 - Trade > F14 - Country and Industry Studies of Trade F - International Economics > F1 - Trade > F15 - Economic Integration F - International Economics > F3 - International Finance > F33 - International Monetary Arrangements and Institutions |
Date Deposited: | 21 Jul 2011 10:50 |
Last Modified: | 05 Jan 2024 21:33 |
URI: | http://eprints.lse.ac.uk/id/eprint/37533 |
Actions (login required)
View Item |